Real Estate Prices and Overview
Bob Bullock Loop / Route 359 median real estate prices are $82,768, which is less expensive than 71.6% of Texas neighborhoods
and 84.4% of all U.S. neighborhoods.
Average rental prices in Bob Bullock Loop / Route 359 are currently
$600, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price then 88.6% of Texas neighborhoods.
Bob Bullock Loop / Route 359 is an urban neighborhood (based on population
density) located in Laredo, Texas.
Bob Bullock Loop / Route 359 real estate is primarily made up of medium sized (three or four bedroom) to small (studio to two bedroom) single-family homes and mobile homes.
Most of the residential real estate is owner occupied. Many of
the residences in the Bob Bullock Loop / Route 359 neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
In Bob Bullock Loop / Route 359, the current vacancy rate is 1.3%,
which is a lower rate of vacancies than 94.5% of all neighborhoods
in the U.S. This means that the housing supply in Bob Bullock Loop / Route 359
is very tight compared to the demand for property here.
Notable & Unique Neighborhood Characteristics
Many things matter about a neighborhood, but the first thing most people notice
is the way a neighborhood looks and its particular character. For example, one
might notice whether the buildings all date from a certain time period or whether
shop signs are in multiple languages. This particular neighborhood in Laredo,
the Bob Bullock Loop / Route 359 neighborhood, has some outstanding things about the way it
looks and its way of life that are worth highlighting.
Notable & Unique: Diversity
Did you know that the Bob Bullock Loop / Route 359 neighborhood has more
Mexican ancestry people living in it than nearly
any neighborhood in America? It's true! In fact, 91.3% of
this neighborhood's residents have Mexican ancestry.
Bob Bullock Loop / Route 359 is also pretty special linguistically. Significantly, 95.1% of its residents five years old and above primarily
speak Spanish at home. This is a higher percentage than 99.2% of all U.S. neighborhoods.
Notable & Unique: Occupations
From major sales accounts to fast-food workers, sales and service employees
are often the backbone of the local economy. In the Bob Bullock Loop / Route 359
neighborhood, they truly stand out. NeighborhoodScout's exclusive analysis
identifies this neighborhood as having a higher percentage of sales and
service workers than 98.3% of all American neighborhoods.
Notable & Unique: Modes of Transportation
Our research shows that more people carpool to work here in the
Bob Bullock Loop / Route 359 (24.3%) than in 97.4% of the
neighborhoods in America.
The Neighbors: Income
How wealthy a neighborhood is, from very wealthy, to middle income, to low
income is very formative with regard to the personality and character of a
neighborhood. Equally important is the rate of people, particularly children,
who live below the federal poverty line. In some wealthy gated communities,
the areas immediately surrounding can have high rates of childhood poverty,
which indicates other social issues. NeighborhoodScout's analysis reveals
both aspects of income and poverty for this neighborhood.
The neighbors in the Bob Bullock Loop / Route 359 neighborhood in Laredo are low income, making it among the lowest income neighborhoods in America.
NeighborhoodScout's research shows that this neighborhood has an income lower
than 91.5% of U.S. neighborhoods.
With 55.1% of the children here below the federal poverty
line, this neighborhood has a higher rate of childhood poverty than 93.4%
of U.S. neighborhoods.
The Neighbors: Occupations
The old saying "you are what you eat" is true. But it is also true that you
are what you do for a living. The types of occupations your neighbors have
shape their character, and together as a group, their collective occupations
shape the culture of a place.
In the Bob Bullock Loop / Route 359 neighborhood, 48.0%
of the working population is employed in sales and service jobs, from major sales accounts, to working in fast food restaurants. The second most important occupational group in this neighborhood is
manufacturing and laborer occupations, with 27.8% of the residents employed.
Other residents here are employed in executive, management, and professional occupations
(15.2%), and 8.2% in clerical, assistant, and tech support occupations.
The Neighbors: Ethnicity / Ancestry
Culture is shared learned behavior. We learn it from our parents, their parents,
our houses of worship, and much of our culture – our learned behavior - comes
from our ancestors. That is why ancestry and ethnicity can be so interesting
and important to understand: places with concentrations of people of one or
more ancestries often express those shared learned behaviors and this gives
each neighborhood its own culture. Even different neighborhoods in the same
city can have drastically different cultures.
In the Bob Bullock Loop / Route 359 neighborhood in Laredo, TX, residents
most commonly identify their ethnicity or ancestry as Mexican
(91.3%). In addition, 39.0% of the residents of this neighborhood were born in another country.
The Neighbors: Languages
The most common language spoken in the Bob Bullock Loop / Route 359
neighborhood is Spanish, spoken by 95.1% of households. Some people also speak English (4.9%).
Getting to Work
Even if your neighborhood is walkable, you may still have to drive to your
place of work. Some neighborhoods are located where many can get to work in
just a few minutes, while others are located such that most residents have a
long and arduous commute.
The greatest number of commuters in Bob Bullock Loop / Route 359 neighborhood spend
between 15 and 30 minutes commuting one-way to work (56.4% of working
residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (74.5%) drive alone in a private automobile to get to work.
In addition, quite a number also carpool with coworkers, friends, or neighbors to get to work (24.3%) . In a neighborhood like this, as in most of the nation, many residents find owning
a car useful for getting to work.